Heat Pump Costs in Romford (RM2)
Average air source heat pump installation cost, running costs, and savings for the RM2 postcode district.
Installation Cost
Air Source Heat Pump
£11,771
£4,271
After £7,500 BUS grant
Ground Source Heat Pump
£24,938
£17,438
After £7,500 BUS grant
Costs are area averages and vary by property size, insulation level, and installer. See full cost breakdown.
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Annual Running Cost Comparison
Based on standard electricity rate (24.5p/kWh). Off-peak tariffs reduce heat pump costs significantly. See tariff comparison.
Annual Savings vs Current Heating
| Current Fuel | Annual Cost | Heat Pump Cost | Annual Saving |
|---|---|---|---|
| Mains Gas | £1,003 | £1,000 | £3/yr |
| Heating Oil | £1,307 | £1,000 | £307/yr |
| LPG | £1,546 | £1,000 | £546/yr |
Running costs assume standard electricity tariff (24.5p/kWh). Off-peak tariffs (7-10p/kWh) improve heat pump savings significantly.
Good with insulation
Heat pump suitability for this area
Off-Gas Grid
1% of homes
Avg EPC Rating
65 (Band D)
COP Estimate
3.4
Above UK average
Typical Property
Semi-detached
Frequently Asked Questions
How much does an air source heat pump cost in Romford?
The average air source heat pump installation in Romford (RM2) costs £11,771. After the £7,500 BUS grant, the effective cost is £4,271.
Is my home in RM2 eligible for the BUS grant?
Most existing properties in RM2 are eligible for the £7,500 Boiler Upgrade Scheme grant. You need a valid EPC, an MCS-certified installer, and must not have received a previous BUS grant. New builds are excluded.
Will a heat pump save me money in Romford?
If you're on mains gas, a heat pump could save around £3/year in Romford. If you're on oil heating, savings are typically £307/year. Savings increase significantly on off-peak electricity tariffs like Octopus Cosy.
What is the COP of a heat pump in Romford?
The estimated Coefficient of Performance (COP) for heat pumps in Romford is 3.4. This means for every 1 kWh of electricity used, the heat pump produces 3.4 kWh of heat. This is above the UK average, thanks to the milder climate in this area.
Do I need to insulate my home before getting a heat pump in RM2?
Most homes in RM2 have reasonable insulation (average EPC score 65, band D). While improving insulation always helps, many properties here can proceed directly with a heat pump installation.
Nearby Postcodes
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